Market Forecast – 1Q 2017: Fireworks Ahead on Trump, Brexit

Market Forecast – 1Q 2017: Fireworks Ahead on Trump, Brexit

A raft of failures plagued forecasters in 2016. The markets did not to foresee Donald Trump’s victory in the US presidential election, the last-minute OPEC production cut accord, and the outcome of the Brexit referendum. Prices gyrated wildly as investors repositioned after each tectonic shock. This breakneck volatility may yet prove to have been but a warm-up for fireworks on a far grander scale however as last year’s surprises become reality in the first quarter of 2017.

US Dollar Q1 2017 Forecast – Dollar Draws on Many Sources to Extend 14-Year High

After nearly two years of consolidation, the Dollar (ICE Index) was finally driven to a critical bullish breakout in the final months of 2016.

Euro Q1 2017 Forecast – EUR/USD Enters 2017 Positioned for More Downside

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Rigging And Market Manipulation And What UK Chancellor Of Exchequer Wants To Do About It

Market manipulation is a persistent problem in financial markets despite tough regulation.
Market manipulation is done to mislead others and profit from their wrong investing decisions.
Pooling, Churning, Stock Bashing, Pump and Dump, Runs, Ramping are…

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Here Is How The US Tax Reform Could Be A Boon For USD? – Morgan Stanley

The House Republican Blueprint proposal to “border adjust” the corporate income tax would have a significant impact on FX markets.
If implemented, border adjustability would likely push the USD TWI 10-15% higher, but not fully offset the impact of the …

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Here Is How The US Tax Reform Could Be A Boon For USD? – Morgan Stanley

The House Republican Blueprint proposal to “border adjust” the corporate income tax would have a significant impact on FX markets.
If implemented, border adjustability would likely push the USD TWI 10-15% higher, but not fully offset the impact of the …

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EUR/USD: Breakdown Point; USD/JPY: RSI Divergence – Credit Suisse

EUR/USD bounced back as of late as it consolidated recent losses. However, we expect the 1.0506/31 “breakdown point” to cap to keep the trend directly lower. Removal of the 1.0352 recent low can see further downside to test 1.0342/36 next.

Our core target remains in the broad 1.0109/.9921 zone – the long-term uptrend from 1985 and two key retracement supports. However, although we would expect an initial hold to be seen here, we continue to look for a break in due course for a move to .9625.

Resistance moves to the recent breakdown area at 1.0506/31 which is expected to attract renewed selling.

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*CS maintains a short EUR/USD position from 1.0670.

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